Welcome!

News Feed Item

Materia and QAPCO Sign MoU to Study the Development of the Next Generation of Materials

PASADENA, CA and DOHA, QATAR -- (Marketwired) -- 05/27/14 -- As Qatar continues to grow its energy and industrial sectors, and attempts to further optimize its hydrocarbon resources utilization, research and innovation are set to propel the future success of these sectors. Research will support the development of new products using Qatar's existing feedstock and natural resources and opens the door to new uses for energy products and derivatives such as petrochemicals.

To further this goal, Materia, Inc. (Materia) and Qatar Petrochemical Company (QAPCO) have forged a partnership, through a Memorandum of Understanding (MoU), to further reinforce their collaborative R&D efforts, and to study the development of the next generation of materials produced from Qatar's existing feedstocks. Materia's expertise and breakthrough catalyst technology combined with QAPCO resources will provide for the development of new products. Materia specializes in efficient feedstock utilization and the extraction of specific petrochemical and chemical compounds thanks to its unique and innovative technology. Together, they will explore the possibilities to further optimize the use of Qatar's natural resources, by studying how to extract new products from QAPCO's current feedstock, with the aim to maximize the value related to QAPCO's existing processes.

Sustainability oriented research is part of QAPCO's commitment to improve both the impact of its processes, by focusing on the optimum use of feedstock, and of its products, by generating new applications. Through collaboration with local and international partnerships, QAPCO's R&D team is digging deep into the potential applications for its petrochemical products now and into the future.

Dr. Mohammed Yousef Al Mulla, Vice Chairman and CEO of QAPCO stated: "Joint industry-academia R&D, such as our collaboration with Materia and Texas A&M at Qatar, is very promising and paves the way to infinite possibilities while supporting the growth of Qatar's knowledge-based economy. Collaborating with some of the world's leading experts on research projects focusing on olefins, polymers and petrochemicals has the potential to add further value to our feedstock, which could be strongly beneficial for QAPCO and ultimately for the hydrocarbon resources of the State."

Dr. Michael A. Giardello, Materia's President, CEO & CTO stated: "This envisioned collaboration should enable QAPCO to extract greater value from some of its by-product streams, therefore unlocking greater value from Qatar's natural resources thanks to Materia's unique and advanced technologies."

QAPCO uses focused partnerships with Qatar's most prominent universities such as Texas A&M University at Qatar, as the launching point for its research activities. Most recently, QAPCO supported the establishment of an endowed chair position at Texas A&M at Qatar for Polymer Science and Polymer Engineering with Nobel Prize winning chemist Professor Robert H. Grubbs, Victor and Elizabeth Atkins Professor of Chemistry at the California Institute of Technology, as adjunct professor and inaugural chair. "It is exciting to be part of a collaboration involving Materia, QAPCO, and Texas A&M at Qatar to develop the next generation of materials and products from Qatar-based feedstocks. This program will allow fundamental discoveries to be rapidly converted into new commercial products," stated Professor Grubbs.

About Materia
Materia was founded in 1998 to commercialize the Grubbs Catalyst™ technology, which enables chemical compounds to be synthesized with greater efficiency, under less stringent reaction conditions, and with reduced byproducts and hazardous waste. Metathesis has been accepted as an emerging chemical technology platform and has been broadly adopted by the pharmaceutical, chemical, and polymer industries. As stated by the Royal Swedish Academy of Sciences when awarding the 2005 Nobel Prize in Chemistry, "metathesis is an example of how important basic science has been applied for the benefit of man, society, and the environment." For more information, visit: www.materia-inc.com

About QAPCO
QAPCO was established in 1974 and is a joint venture between Industries Qatar (80%) and Total Petrochemicals (20%). QAPCO is one of the largest producers of low density polyethylene (LDPE) in the region. LDPE is considered as the most widely used type of plastic, providing innovative and practical applications such as food packaging, cables, agricultural films or toys and playing a key role in the development of green building solutions. LDPE enriches the daily lives of millions of people around the planet. QAPCO is involved in a number of joint ventures that include QATOFIN, QVC, and QPPC, thereby producing various petrochemical products, making QAPCO a regional petrochemical powerhouse. For more information, visit: http://www.qapco.com.qa

For further information please contact:
Tom Buel
Director of Communications
Materia, Inc.
(626) 584-8400

More Stories By Marketwired .

Copyright © 2009 Marketwired. All rights reserved. All the news releases provided by Marketwired are copyrighted. Any forms of copying other than an individual user's personal reference without express written permission is prohibited. Further distribution of these materials is strictly forbidden, including but not limited to, posting, emailing, faxing, archiving in a public database, redistributing via a computer network or in a printed form.

Latest Stories
The emerging Internet of Everything creates tremendous new opportunities for customer engagement and business model innovation. However, enterprises must overcome a number of critical challenges to bring these new solutions to market. In his session at @ThingsExpo, Michael Martin, CTO/CIO at nfrastructure, outlined these key challenges and recommended approaches for overcoming them to achieve speed and agility in the design, development and implementation of Internet of Everything solutions wi...
Cloud computing is being adopted in one form or another by 94% of enterprises today. Tens of billions of new devices are being connected to The Internet of Things. And Big Data is driving this bus. An exponential increase is expected in the amount of information being processed, managed, analyzed, and acted upon by enterprise IT. This amazing is not part of some distant future - it is happening today. One report shows a 650% increase in enterprise data by 2020. Other estimates are even higher....
Today we can collect lots and lots of performance data. We build beautiful dashboards and even have fancy query languages to access and transform the data. Still performance data is a secret language only a couple of people understand. The more business becomes digital the more stakeholders are interested in this data including how it relates to business. Some of these people have never used a monitoring tool before. They have a question on their mind like “How is my application doing” but no id...
The 19th International Cloud Expo has announced that its Call for Papers is open. Cloud Expo, to be held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA, brings together Cloud Computing, Big Data, Internet of Things, DevOps, Digital Transformation, Microservices and WebRTC to one location. With cloud computing driving a higher percentage of enterprise IT budgets every year, it becomes increasingly important to plant your flag in this fast-expanding business opportuni...
Qosmos has announced new milestones in the detection of encrypted traffic and in protocol signature coverage. Qosmos latest software can accurately classify traffic encrypted with SSL/TLS (e.g., Google, Facebook, WhatsApp), P2P traffic (e.g., BitTorrent, MuTorrent, Vuze), and Skype, while preserving the privacy of communication content. These new classification techniques mean that traffic optimization, policy enforcement, and user experience are largely unaffected by encryption. In respect wit...
Identity is in everything and customers are looking to their providers to ensure the security of their identities, transactions and data. With the increased reliance on cloud-based services, service providers must build security and trust into their offerings, adding value to customers and improving the user experience. Making identity, security and privacy easy for customers provides a unique advantage over the competition.
Fact: storage performance problems have only gotten more complicated, as applications not only have become largely virtualized, but also have moved to cloud-based infrastructures. Storage performance in virtualized environments isn’t just about IOPS anymore. Instead, you need to guarantee performance for individual VMs, helping applications maintain performance as the number of VMs continues to go up in real time. In his session at Cloud Expo, Dhiraj Sehgal, Product and Marketing at Tintri, wil...
19th Cloud Expo, taking place November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA, will feature technical sessions from a rock star conference faculty and the leading industry players in the world. Cloud computing is now being embraced by a majority of enterprises of all sizes. Yesterday's debate about public vs. private has transformed into the reality of hybrid cloud: a recent survey shows that 74% of enterprises have a hybrid cloud strategy. Meanwhile, 94% of enterpri...
Enterprises have forever faced challenges surrounding the sharing of their intellectual property. Emerging cloud adoption has made it more compelling for enterprises to digitize their content, making them available over a wide variety of devices across the Internet. In his session at 19th Cloud Expo, Santosh Ahuja, Director of Architecture at Impiger Technologies, will introduce various mechanisms provided by cloud service providers today to manage and share digital content in a secure manner....
Smart Cities are here to stay, but for their promise to be delivered, the data they produce must not be put in new siloes. In his session at @ThingsExpo, Mathias Herberts, Co-founder and CTO of Cityzen Data, will deep dive into best practices that will ensure a successful smart city journey.
SYS-CON Events announced today that 910Telecom will exhibit at the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. Housed in the classic Denver Gas & Electric Building, 910 15th St., 910Telecom is a carrier-neutral telecom hotel located in the heart of Denver. Adjacent to CenturyLink, AT&T, and Denver Main, 910Telecom offers connectivity to all major carriers, Internet service providers, Internet backbones and ...
To leverage Continuous Delivery, enterprises must consider impacts that span functional silos, as well as applications that touch older, slower moving components. Managing the many dependencies can cause slowdowns. See how to achieve continuous delivery in the enterprise.
There is growing need for data-driven applications and the need for digital platforms to build these apps. In his session at 19th Cloud Expo, Muddu Sudhakar, VP and GM of Security & IoT at Splunk, will cover different PaaS solutions and Big Data platforms that are available to build applications. In addition, AI and machine learning are creating new requirements that developers need in the building of next-gen apps. The next-generation digital platforms have some of the past platform needs a...
SYS-CON Events announced today Telecom Reseller has been named “Media Sponsor” of SYS-CON's 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. Telecom Reseller reports on Unified Communications, UCaaS, BPaaS for enterprise and SMBs. They report extensively on both customer premises based solutions such as IP-PBX as well as cloud based and hosted platforms.
DevOps at Cloud Expo – being held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA – announces that its Call for Papers is open. Born out of proven success in agile development, cloud computing, and process automation, DevOps is a macro trend you cannot afford to miss. From showcase success stories from early adopters and web-scale businesses, DevOps is expanding to organizations of all sizes, including the world's largest enterprises – and delivering real results. Am...